this post was submitted on 29 Jul 2023
337 points (94.2% liked)
Technology
59594 readers
3081 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The parts of auto insurance meant to help you are optional. It's only the part that will help others in the event you cause damage or injury to them that is mandatory, which people who can't afford to drive because of insurance certainly wouldn't be able to afford.
Now change it to a system where there aren't executives and shareholders looking to extract a lot of money from that necessity and I'm all for it. But I'm vehemently against just removing the requirement entirely.
IMO if you can afford it, it's dumb to opt out of the optional ones, too, even with the profit going to the insurance execs and owners. Unless you have enough savings to easily replace your vehicle in the event you crash it or a tree falls on it that isn't covered by someone's homeowner's insurance.